North Korea Tests NFTs for Foreign Currency Trade

North Korea has become the latest Asian nation to experiment with Non-Fungible Tokens (NFTs) as a potential alternative foreign currency. Reports indicate that the country’s government has been secretly testing the feasibility of utilizing NFTs for international trade since January 2025, with technical staff disguised as trade representatives operating in China. This initiative follows the global rise of NFT adoption and highlights the growing maturity of this digital asset class.